Broadly for me/us I'd just say that our perception of where the market/economy is headed just informs more of a general intuitive appetite for using leverage.My view is that uncertainty in future market outlook (perhaps forecasted by leading indicators) mainly drives price volatility, and perhaps increases risk of lenders 'calling' revolving credit lines to meet their own liquidity needs.The more 'bad' the indicators are, the more chance that we perceive our lenders possibly wanting to 'call' revolving lines of credit, is the way I think about it.  

Covid run up on prices made this area volatile in the short term.

If we continue to have storms with billion $ payouts, pricing will continue to climb.Coastal insurance has always had a high price and it will always be volatile.  

To your final question: crypto is very volatile, yes.  

In a market with this much volatility cash is extremely relevant.

They have a little higher gains (a lot more volatility) but a syndicator who is willing to put you in a deal with more than 10-20% of your net worth is asking for trouble.

With the interest rates right being very high and volatile it is probably not the best time to get into multi-family.

Commercial space can be tricky and volatile - - just look at all those Space Available signs. 

But still. market is volatile so of course it forces me to review. 

Many successful PMs also buy and sell RE, with the brokerage side of the business being the actual money-maker and the PM side providing stability compared to the more volatile sales side but not really generating much profit, except as a feeder of leads to the brokerage side since the owners of the properties they manage are likely to use them to buy and sell (assuming they treat them well).